For a startup that once promised to rewire fast-moving consumer goods distribution across southwest Nigeria, the footage has drawn renewed attention to mounting questions about the company’s viability.
Estimates suggest that the value of POS transactions will surge to approximately EGP 640 billion by the end of 2024, reflecting a 280% increase from 2021’s EGP 169 billion.
z.systems is a rapidly scaling startup dedicated to enhancing the competitiveness of Morocco’s small, independent retailers — locally known as “hanouts.”
MNT-Halan’s entry into the UAE comes on the heels of a $157.5 million funding round in July, led by a $40 million investment from the International Finance Corporation (IFC).
Before co-founding Billboxx, Obaoye and Ogunjobi were instrumental in launching Fixit45, a Nigerian auto-tech startup that raised $1.9 million in pre-seed funding in 2023.
By focusing on distributed and small-scale solutions, REPP 2 seeks to bridge the estimated $22 billion annual funding shortfall required to meet the United Nations Sustainable Development Goal 7 (SDG7) of universal energy access.
Renew Capital has broadened its impact investment footprint in Africa with recently strategic backing for two startups driving innovation in fintech and e-mobility
For a startup that once promised to rewire fast-moving consumer goods distribution across southwest Nigeria, the footage has drawn renewed attention to mounting questions about the company’s viability.
Across 29 disclosed deals, African startups and growth-stage companies raised at least $340.5m in February. The number tells one story. How the money moved tells a different one.
